2324 Shenandoah PlDavisCA95616
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Davis at 2324 Shenandoah Pl, Davis, CA, 95616 offers $6,832/mo rent that, after a $7,782/mo payment. Total monthly income is $6,832/mo. Return on cash invested measures 13.37% in year one, and rental yield stands at 5.16% at a $1,590,000 entry. Equity gained on principal adds $10,260/yr while 5% annual appreciation compounds into $439,288 by year five. Five-year ROI records 67.7% and total cumulative return in cash reaches $348,740. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,832/mo property income versus a $7,782/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95616, Davis, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,503 (100%) |
| Owner Occupied HU | 6,558 (33.6%) |
| Renter Occupied HU | 11,585 (59.4%) |
| Vacant Housing Units | 1,360 ( 7.0%) |
| Median Home Value | $848,099 |
| Average Home Value | $889,395 |
Housing Distribution
Address Breakdown
Residential
17,724
Single Family
11,603
Multi-Family
6,121
Businesses
1,221
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Listed by: Kim Eichorn • Lyon RE Davis
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224089278
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.